River City (and Marina City) will be the go-to Bertrand Goldberg icons once Prentice is razed, so let's cozy up a little. Re-listing today after a brief 2008 sales effort is a 13th-floor 2/2.5 duplex, in good shape after a recent remodeling (devoid of the carpeting that curses so many River City units). The condo has a crisp new kitchen, paint job, hardwood floors, upgraded baths, north-facing city views, and 1,472 square feet. And few of River City's 448 condos count a private terrace among their amenities.
A total of 24 River City listings are being carried by Redfin at the moment, many priced in the low- to mid-100s. A good number of these are stubbornly dingy spaces that won't sell, tarnishing the building's reputation. And although prices are recovering a little, River City still struggles to shake its issues from past couple decades, ever since condo conversion began. We detailed these woes in a prior post: overambitious pricing in the '90s; dramatic price collapse; high taxes and assessments; wilted services and amenities; and, most recently, catastrophic flood damage hindering resale. And renters have their own set of gripes. All this said, there are some exceptional spaces left for a sensible price. At $249,900, this is one.
·Listing: 800 S Wells St. #1305 [Coldwell Banker]
·River City Coverage [Curbed Chicago]